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MARKET FORECAST 08.03.2011
03/07/2011 10:41 pm

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Originally Posted by Beat Less:
taj vai i became a fan of u !!!!
thanks vaia !!!!!!!!!!




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03/07/2011 11:03 pm

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Will the market go upto 6000 ? কেন যেন মনে হচ্ছে ৫৯০০ এর দিকে যে সাপোর্ট লাইন আছে তা টাচ করে মার্কেট কারেকশন এ যাবে। যাই হোক আজকের গতি দেখে এসব বোঝা যাবে মনে হচ্ছে।
ধন্যবাদ তাজ ভাই ।
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03/08/2011 2:01 am

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মার্কেটের অবস্থা দেখে ভাল লাগছে। টার্নওভার ও ভাল। সাধারণ বিনিয়োগকারিরা মনে হচ্ছে কনফিডেন্স ফিরে পেতে শুরু করেছে। মনে হচ্ছে ৬৩০০ যাবে ইন্ডেক্স।
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03/08/2011 2:55 am

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Originally Posted by Reefat Zaman Shourov:
মার্কেটের অবস্থা দেখে ভাল লাগছে। টার্নওভার ও ভাল। সাধারণ বিনিয়োগকারিরা মনে হচ্ছে কনফিডেন্স ফিরে পেতে শুরু করেছে। মনে হচ্ছে ৬৩০০ যাবে ইন্ডেক্স।



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03/08/2011 3:23 am

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DSI Index      5017.45697      220.93362      4.60612%      
General Index      6051.10958      271.19481      4.6920209%      

Total Trade -  199101       
Total Volume - 105256883     
Total Value in Taka (mn) -9643.631
                           
Issues Advanced – 243     
Issues declined -11     
Issues Unchanged - 3
                                                                    

Total turn over increase 1424.242 million Taka
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03/08/2011 5:19 am

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It seems the market will touch 6300 (or 6400) resistance line then go into a correction period as the market has crossed it 5900 resistance line today and as the market has been rising for few consecutive days. Moreover index has risen almost 1000 point so a correction is required. In addition market index and most of the shares price is near of the upper band of its Bollinger band and the ultimate oscillator of the market is 56.35 today. I think the market will also rise tomorrow & touch the resistance line and then go into the correction period on Thursday. Because if tomorrow the market rises 300(or 400) points then the market will touch not only its resistance line but also its upper band of the Bollinger band. Plus the ultimate oscillator will be near 70 which indicates a correction period. Moreover RSI is 47.14 today but it is not increasing with having more than 45 degree angle and it will go near 70 also if market rises which also indicates correction.
Do you agree Taj bhai ? Please reply !
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03/08/2011 5:21 am

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taj bhi  u r a good man
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03/08/2011 6:07 am

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Originally Posted by Reefat Zaman Shourov:
It seems the market will touch 6300 (or 6400) resistance line then go into a correction period as the market has crossed it 5900 resistance line today and as the market has been rising for few consecutive days. Moreover index has risen almost 1000 point so a correction is required. In addition market index and most of the shares price is near of the upper band of its Bollinger band and the ultimate oscillator of the market is 56.35 today. I think the market will also rise tomorrow & touch the resistance line and then go into the correction period on Thursday. Because if tomorrow the market rises 300(or 400) points then the market will touch not only its resistance line but also its upper band of the Bollinger band. Plus the ultimate oscillator will be near 70 which indicates a correction period. Moreover RSI is 47.14 today but it is not increasing with having more than 45 degree angle and it will go near 70 also if market rises which also indicates correction.
Do you agree Taj bhai ? Please reply !



Yes, I agree.
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